Industry News

Fannie Mae plans to lay off ‘several hundred’ workers

Mortgage repurchaser looking to trim $200 million
Published on Apr 3, 2007

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by CareyBot

Mortgage repurchaser Fannie Mae says it will lay off several hundred employees by the end of the year as a cost-cutting measure, confirming a March 27 Washington Examiner report based on an internal company memo. Fannie Mae is still working ...